Boat & Watercraft Insurance
We can help make your time on the water relaxed and worry-free! We offer comprehensive protection that protects you, your friends and family, your watercraft and your boating equipment. The average boat costs less than a dollar a day to insure. You’ll enjoy being on the water even more when you aren’t worried about your safety, the safety your passengers, or your investment.
What you need to know about boat insurance:
Agreed Value Coverage
Watercrafts depreciate just like automobiles. Actual cash value policies can make it difficult to replace a boat that’s been stolen or destroyed. This means that if your boat is a total loss you will get the value you insured it for, minus any deductible.
Liability
Like auto insurance, personal liability coverage provides coverage to other boaters and boat owners in the event you are at-fault for an accident on the water. This coverage will pay to repair or replace the property of someone else as well as for their medical care, lost wages and other costs incurred as a result of a boating accident for which you are at-fault.
Medical Payments
Medical payments coverage will pay for the cost of needed care that is the result of a boating accident. This coverage is available from $500 to $10,000 and covers you, your passengers, and even your water skiers/tubers, regardless of who is at-fault.
Physical Damage Coverage
Physical damage coverage pays for the cost to repair or replace your watercraft, its motor, any permanently attached equipment, and your trailer, if it is stolen or damaged.
Uninsured/Underinsured Watercraft Bodily Injury
Since boat coverage is not always mandatory, many boaters choose not to get insurance. If you are hit by an uninsured or underinsured boater, and you are injured, this coverage pays for medical treatment, lost wages, and other costs associated with the accident.
Personal Effects
Your policy can provide coverage for many personal effects, including clothing, jewelry, cell phones, scuba/snorkeling and other sporting equipment, and fishing equipment. Limits vary by state – check with Conrad Insurance Agency for information. Personal effects coverage does not include jewelery, watches or furs.
Unattached Equipment Coverage
This pays to repair or replace equipment that isn’t permanently attached to your boat or personal watercraft, but is designed for use primarily on a boat. This includes items like lifesaving equipment, water skis, anchors, oars, fire extinguishers, tarps etc.
Emergency Assistance
The Emergency Assistance Package provides coverage for towing, labor and delivery of gas, oil or loaned battery if the watercraft is disabled while on the water.
Every need is unique – contact us today to find out how to get the best boat and watercraft insurance coverage for you.
You like to boat. You have friends who like to boat. And you’d probably agree, if we were sitting on your boat right about now, that boating is an adventure. So no matter whether you’re a power boater or sail boater, you want to make sure you’re covered for anything and everything. (Remember The Skipper and Gilligan? They thought they were going out for a 3-hour tour.)
So what can we do for you? Our carrier’s Boat Protector Policy safeguards your boat, boating equipment and accessories. It also protects you with liability and medical payments coverage, including:
- Comprehensive coverage that covers many types of losses. (Some of which you might not even have thought of.)
- No additional cost up to $500 for boating equipment and accessories.
- Coverage for bodily injury caused to others such as swimmers, jet skiers or other boaters.
- Payments up to $250 per occurrence for emergency towing to the nearest marina.
- Award winning claims service that ensures you will be contacted promptly after reporting a loss. (Really, why should you have to wait?)
